Gladstone Land Corp reports results for the quarter ended in June - Earnings Summary

Gladstone Land

10/08/2022 09:02

* Gladstone Land Corp  LAND.OQ  reported a quarterly
adjusted loss
of 11 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 11
cents per share.
    * Revenue rose 20.1% to $20.29 million from a year ago;
analysts
expected $20.62 million. 
    * Gladstone Land Corp's reported EPS for the quarter was a
loss
of 11 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Gladstone Land Corp shares had risen by 17.0% this
quarter and
lost 23.2% so far this year.
    * The company reported a quarterly loss of $3.88 million.
    * Wall Street's median 12-month price target for Gladstone
Land
Corp is $32.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 08:02 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.14           0.14           Met
 Mar. 31 2022      0.18           0.19           Beat
 Dec. 31 2021      0.18           0.21           Beat
 Sep. 30 2021      0.15           0.17           Beat